Manufacturing & Supply Chain

Unilever Completes Skippy Sale in China

 Breaking News

Unilever Completes Skippy Sale in China

Unilever Completes Skippy Sale in China
November 29
12:43 2013
Spread the love

Unilever has completed the sale of its Skippy business in China to Hormel Foods. This follows completion of the sale of the rest of the global Skippy business to Hormel Foods on January 31, 2013.

On January 3, the two companies announced the global deal for approximately $700 million, including the Skippy trademarks and two manufacturing facilities (in the US and China).

US-based Hormel Foods is a multinational manufacturer and marketer of consumer-branded food and meat products. The company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring branded, value-added products to the global marketplace.


Warning: count(): Parameter must be an array or an object that implements Countable in /home/manufacturingsup/public_html/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5

About Author

mike

mike

Related Articles

 

 

New Subscriber

    Subscribe Here



    Advertisements
















    National Manufacturing Conference & Exhibition 2020

    NIBRT Springboard Success Stories